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it is now down to where it was when president obama took office. that is certainly welcome news coming off what is universally regarded his poor debate performance wednesday night. the president had two rallies in two swing states, virginia and ohio. he welcomed the news while at the same time warning against using -- he didn't mention any names, his political opponents using the economy as a political weapon. mitt romney for his part at another separate rally in virginia said don't be deceived by these numbers. they don't reflect the number of people who actually have quit the work force and have given up looking for work. in reality, that number has gone down, too. the so called real unemployment rate now at 14.7%. one more thing. mitt romney in a conservative television interview went and disavowed that infamous comment that he made that has cost him so much politically, that 47% of americans he called victims, said they would never vote for him. he said he was flat-out wrong to make that comment. >> mike, thank you. we asked joe scarborough fro
it is now down to where it was when president obama took office. that is certainly welcome news coming off what is universally regarded his poor debate performance wednesday night. the president had two rallies in two swing states, virginia and ohio. he welcomed the news while at the same time warning against using -- he didn't mention any names, his political opponents using the economy as a political weapon. mitt romney for his part at another separate rally in virginia said don't be deceived...
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Oct 6, 2012
10/12
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not enough for barack obama to crow about. not that much for mitt romney to sink his teeth into. >> reporter: barack obama will crow about this number and already has. you know, we did see a big gain in this household survey. here's one of the problems with the number that came out. the big gain in jobs, ali, about 600,000 of those jobs were an increase in part time work. now, look, working part time is better than not having a job at all no, question about it. but try feeding your family, try paying your medical bills, try paying for all your other expenses like your mortgage with a 20 to 25 hour job. so, look. i think the american people still believe as i do, it's still a pretty miserable labor market out there. it's getting a little better but not a whole lot. >> diane swank is a chief economist. she joins us from chicago. diane let's talk about it. 7.8% unemployment rate. an improvement but we're not out of the wood yet. let's dealing with the real numbers. 1.1 million people unemployed in september. 40% of them have been
not enough for barack obama to crow about. not that much for mitt romney to sink his teeth into. >> reporter: barack obama will crow about this number and already has. you know, we did see a big gain in this household survey. here's one of the problems with the number that came out. the big gain in jobs, ali, about 600,000 of those jobs were an increase in part time work. now, look, working part time is better than not having a job at all no, question about it. but try feeding your...
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obama's october surprise. thanks, hilda. that's labor secretary hilda solis, who is responsible for the bureau of labor statistics which puts out the job numbers. >> i have the highest regard for our professional staff at the bureau of labor statistics, highly trained, highly skilled ph.d.s, economists, statisticians, folks that have been working in this area for many years and this is a methodology that's been used for decades and it is insulting when you hear people just cavalierly say that somehow we are manipulating numbers. i find that very insulting. >> hilda solis. for the record, here's how the process works. the raw data comes in on wednesdays, the week before each monthly report. the bureau of labor statistics gets around -- calls around 60,000 households and asks who's working. that's where the unemployment rate comes from. for job growth or job loss, the bls gathers payroll data from businesses. everyone who touches the data signs confidentiality agreements, documents are locked in safes, computers are encrypted,
obama's october surprise. thanks, hilda. that's labor secretary hilda solis, who is responsible for the bureau of labor statistics which puts out the job numbers. >> i have the highest regard for our professional staff at the bureau of labor statistics, highly trained, highly skilled ph.d.s, economists, statisticians, folks that have been working in this area for many years and this is a methodology that's been used for decades and it is insulting when you hear people just cavalierly say...
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when you went head to head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but, you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i've never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then-senator obama had no record to defend. and one of the reasons why mitt did so well in this debate was because mitt was, i think, very legitimately attacking his record, whether it be the $90 billion in subsidies for energy or a number of the other things that -- the failure of dodd/frank, and so the president had a record to defend this time. but, one, do not underestimate the president of the united states. he will come back strong. i think mitt has to be prepared for that. and also, as you mentioned, these job numbers will give him a bit of -- or something of a boost today. >> we've got the vp debate comin
when you went head to head with obama in 2008, the polls said 51% obama, 38% mccain. do you think you would have done better against the obama that was debating this week? >> i think so, piers, but, you know, it would sound like i am now trying to rewrite history or i would have done better. you know, i've never tried to do any of that looking back and certainly not in anger or bitterness. but i think it is true that during the 2008 campaign, the president or then-senator obama had no...
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he just revelled in it and stayed and stayed and stayed, and obama left. >> what about obama's body language at the end though, did he seem -- he seemed to be sort of hunched over a little bit. >> he did. i thought that was very interesting. again, i do feel like he realized he didn't do well, and there was a point, even in his closing statements, where you felt like he'd given up. he was so weary at that close, and he didn't do what i wanted him to do and that's look straight at that camera and make that appeal. >> right. >> so the next debate will be in a town hall setting. do you think we'll see different sort of body language. >> interested to see if romney can keep up his energy like he did so well here and very interested to see if obama comes up to the bar and he does so well when there's an audience. i want to see some of that charisma and warmth. >> all right. always very interesting. thank you so much, patty. appreciate you coming in. >> my pleasure. >> so that was just fun. >>> but a serious look at the colorado debate. what are all the comedians, of course, saying about it? this
he just revelled in it and stayed and stayed and stayed, and obama left. >> what about obama's body language at the end though, did he seem -- he seemed to be sort of hunched over a little bit. >> he did. i thought that was very interesting. again, i do feel like he realized he didn't do well, and there was a point, even in his closing statements, where you felt like he'd given up. he was so weary at that close, and he didn't do what i wanted him to do and that's look straight at...
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Oct 6, 2012
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the obama campaign cash that was raised last month. september proved to be a lucrative month for the president's re-election campaign. democrats raised $181 million. that's a record. joining me live from washington, peter hamby. that's a whole lot of cash raised. very amazing. say many, and all in one month. how was it done? big donors, small donors, what? >> the campaign says 98% of this money came from people giving $250 or less. sptd was a very big month for democrats. polls show that the convention really brought home the democratic base and these numbers just reaffirm it. this is the biggest monthly total of this campaign. this is the money that the obama campaign and the democratic national committee have collected together. it means they're only about $50 million short of raising $1 billion for this whole campaign. so they're almost certainly going to outpace that in the next month. this is a big symbolic lift for the obama campaign after that really bad debate. they had the jobs numbers on friday and this today. it helps the ca
the obama campaign cash that was raised last month. september proved to be a lucrative month for the president's re-election campaign. democrats raised $181 million. that's a record. joining me live from washington, peter hamby. that's a whole lot of cash raised. very amazing. say many, and all in one month. how was it done? big donors, small donors, what? >> the campaign says 98% of this money came from people giving $250 or less. sptd was a very big month for democrats. polls show that...